Alexandria, VA 22314,323 S WASHINGTON ST
Alexandria, VA 22314,323 S WASHINGTON ST
Alexandria, VA 22314,323 S WASHINGTON ST
Alexandria, VA 22314,323 S WASHINGTON ST
Alexandria, VA 22314,323 S WASHINGTON ST
Alexandria, VA 22314,323 S WASHINGTON ST
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$2,180,000

$2,350,000

7.2%
Est.Price: ?

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Est. payment /mo

4,213 SqFt


SOLD DATE : 02/22/2024

Key Details

Sold Price $2,180,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,213 sqft

Price per Sqft $517

MLS Listing ID VAAX2030348

Sold Date 02/22/24

Originating Board BRIGHT

Year Built 1853

Annual Tax Amount $13,077

Tax Year 2023

Lot Size 2,585 Sqft

Acres 0.06

Property Description

over 2100 finished square feet of main and lower level commercial or retail space plus TWO 1100 square ft 2 bedroom/2 full bath apartments/airbnb/vrbos plus TWO parking spaces!! Seller has spared no expense remodeling and updating this building with almost $1 million in recent improvements. Over 4200 total square feet. Recent improvements include painting, new flooring, new doors, plumbing, electrical, heaved up electrical services allowing each unit to be separately metered, interior sprinkler system installed & larger water service installed to accommodate sprinkler system. Rear roof replaced, 5 new bathrooms, 2 new kitchens and appliances, washer/dryers in each apartment. New rear staircase made of steel, 2 new hot water heaters for each apartment, installed fire rate ceiling system between commercial and residential spaces consisting of double layered 5/8'' fire rated drywall separated by metal hat channel. Preventative sump pump installed in lower level. Most windows replaced and historic windows on front were reworked and weather stripped. All new interior doors and millwork except where owner was able to salvage in the front. Spray foam insulation between floors for noise reduction. Access the 2 apartments from the rear of the building, not entering or disturbing main floor commercial space. Top floor apartment has pull down attic with tons of storage. Buy the whole building, run your business out of the main and lower floor and then rent the 2 residential units for immediate cash flow.

Location

State VA

County Alexandria City

Zoning CD

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

View City, Street

Street Surface Paved

Accessibility None

Parking Type On Street, Parking Lot

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Lyles-Crouch

Middle Schools George Washington

High Schools T.C. Williams

School District Alexandria City Public Schools

Others

Tax ID 11337000

Ownership Fee Simple

SqFt Source Assessor

Security Features Sprinkler System - Indoor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Phyllis G Patterson • TTR Sotheby's International Realty
Bought with Anita E DiPietro • Nhabit Real Estate Co.
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